A quotdoablequot way to take a $300 account to $1 million in 45 months -
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thread: A quotdoablequot way to take a $300 account to $1 million in 45 months

  1. #21
    Senior Member jotean's Avatar
    146
    quote And the exact same holds for the hopeful. You seem to have a solid opinion as well (: I don't have a issue with that. Every area of human endeavor has its own myths and heroes.
    I have convictions in me that I can succeed.My opinions are based on my results.I continue to learn and get better each day.For me its not a choice but a mission.
    Because of my belief in me I can recognize exact same qualities in others that may be Jesse Livermore,Richard Donchian,Alan Andrews,Bob Kovner etc..
    Question finally is how much do you really want succeed and how much one is prepared to learn and go through what's needed. .

  2. #22
    Lot of traders required less then 10k in to countless. This is one of my favorites Bruce Kovner He took 3k contrary to his Credit card while driving a cab in Cambridge and became a billionaire! Http://en.wikipedia.org/wiki/Bruce_Kovner Yes people be positive and bring like minded folks around YOU.Ignore ALL comments from folks who aren't successful since their opinions are shaped by their shortcomings. It always surprises me that least successful traders have the strongest opinions.
    And the Exact Same goes for the optimistic. You appear to have a strong opinion too (:
    I do not have a problem with that. Every field of human endeavor has its own myths and personalities.

  3. #23
    Senior Member jotean's Avatar
    146
    Huge, huge misconception and mis-information regarding all of the legends of the trading world. The biggest: Jesse Livermore, totally inconsistent, really blessed then suicide Your favorite guru, some one of them (Larry Willi is average) Some first success (because of luck) huge amount of salesmanship. Better marketers and sellers compared traders. While your star is shining get OPM asap. As soon as you own Millions$$$ under control, you can stop pretending and get simple avg return of 6 % / annually.
    I am a massive fan of Jesse Livermore and in my view he was simply brilliant.Nothing luck.You don't start at 15yrs old become so succeful that backet shops wouldn't let him trade.He earned a nickname Plunger Boy
    He took occasionally months of reading tape (charts back then) then input the market at its most opportune time!Calling a luck is like stating Gary Gasparov arguably best chess player in history won his matches on luck.Do you realize what you stating?
    Please read http://en.wikipedia.org/wiki/Reminis...Stock_Operator to get a notion.
    People are fallible and that he suffered from depression.These days he would of been treated property.His suicide doesn't diminish his accomplishment a all.

    In order to add article should be taken differently.
    Aim as high as possible and create consistency. If you aim 20% but fall short say 8-10% a month then that's beautiful return and certainly on a way to create a living from trading.However if you aim 1-5% then you might not even earn any profit.
    That's the way I approach trading.
    After trading 2yrs I learned some important lessons
    One should NOT be in the market all of the time!Wait for right set up.In surfing analogy not every ripple is surf able.
    This is what Jesse said decades ego that's still correct.


    There are times when money can be manufactured investing and speculating in stocks, but money cannot always be made trading every day or each week throughout the year. It will be tried by only the foolhardy. It is not in the cards and cannot be carried out.
    The purpose isn't too much to buy as cheap as possible or go short at top price, but to buy or sell at the right time.

  4. #24
    The real doable egy is to target only 2% gain/month like what hedge funds do. But with our little capital, 2% each month is just ridiculous.
    So to make it real doable first needed to accumulate capital...
    except to collect funds required to not risk blowing off what previously accumulated...
    the end: dont trade before have sufficient funds!


  5. #25
    Junior Member oxdnhepk's Avatar
    18
    The real viable egy is to target only 2% gain/month just like what hedge funds do. However, with our small capital, 2% each month is just ridiculous.

  6. #26
    Just for hint, the OP himself gave up with this thread in 2012. . .that how doable it is LOL

  7. #27
    Member Ejbl's Avatar
    33
    Ofc it is doable if one has the Holy Grail, And when anybody has the HG why begin with 300? Why not 3000 or even 30000 at which you can reach your countless billions in triple or double fast moment?
    So the gist is do you have the Holy Grail or does it exists.Hehehe.

    GS

  8. #28
    Member Lee's Avatar
    68
    Quickdraw , you posted a viable approach to...$300 account to $1 Million in 45 months. I am new to this site and I am wondering if you've actually tried this. I am new to trying to understand just how and why FOREX trading functions. Can you provide me with some comments , it'd be very appreciated. Thank you.

  9. #29
    Junior Member Soo's Avatar
    16
    I think douable manner is to always respect your stop losses.

  10. #30
    Member Sun's Avatar
    70
    quote I am a massive fan of Jesse Livermore and in my view he had been simply brilliant.Nothing luck.You don't start at 15yrs old become succeful that backet stores would not allow him to trade.He made a nickname Plunger Boy He shot occasionally months of reading tape (charts back then) then enter the market at its most opportune time!Calling a luck is similar to stating Gary Gasparov arguably greatest baseball player in history won his games on luck.Do you understand everything you saying? Please see http://en.wikipedia.org/wiki/Reminis...Stock_Operator...
    @ - Well stated!

    Cannot think what crap what some people write/post about the late night legend!
    If you have read any good trading publiions, ie magician interviews etc., etc.. .MOST of the TOP traders will urge: http://en.wikipedia.org/wiki/Reminis...Stock_Operator

    I have 3 novels by livermore, pure GOLD !

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